Rs 50/ gm discount from issue price if applied online and paid via digital mode
‘..to stop the inflation from going too high, they have to sell some of their bonds with the deliberate aim of increasing long term interest rates. Then they should shrink balance sheets. If that is not needed, they shouldn’t shrink it’ Adair Turner, chairman, Institute for New Economic Thinking.
In December 2016, ED claimed to have busted a money laundering racket, which helped exchange demonetised currency amounting to Rs 39 crore for gold, through banking channels and a maze of shell companies that had daily wagers as directors.
The companies may move the appellate tribunal against the order next week
A source close to the development told that some companies had more than 100 accounts and they deposited and withdrew money during demonetisation till they were struck off.
Pact with ISA to support clean energy project with €800 mn
Total credit offtake grew just about 5 per cent in the year to March, the slowest pace in more than six decades.
Govt-run banks may be reduced to 10-15 from 22: Principal economic adviser
On Monday, the Cellular Operators Association of India (COAI), which is co-organising the event, said that apart from these industry leaders, various top representatives from the government will also be present.
Patchy monsoon in parts of central India to blame for decline in production
The increasing level of NPAs in the banking sector, more particularly of the PSBs, is a cause of concern for the Centre and it has come up with the IBC 2016 and created the new “ecosystem for resolving the issue of ballooning NPAs”, Dhingra said.
The company statement said that it would open the first store in Noida, and also plans to tap various e-commerce platforms such as Myntra, Jabong, and TataCLiQ to sell its merchandise.
Shares of Reliance Capital closed Friday’s session 7.83 per cent lower at Rs 661.55 per share on BSE. However, the stock’s return over three months is 26.05 per cent.
When asked about the NDTV deal on Thursday, a SpiceJet official said “it’s absolutely false and baseless.” Messages and emails sent to NDTV officials did not elicit any response.
Currently, the limit for investment by FPIs in corporate bonds is `2,44,323 cr
The qualified institutional buyers (QIBs) portion was oversubscribed 12.56 times, non-institutional investors
“In Irdai we have things like 150 per cent of solvency margins irrespective of numbers etc, we are trying to move towards risk-based capital model,” said Vijayan.
PMAY-Housing for All, launched in June 2015, aimed at constructing 2 crore houses for the urban poor by 2022.
Thursday’s decline of 53 paise on a closing basis is the highest one-day drop in the rupee in almost four months with the currency having tested 64.85 on the lower side during the day.
In order to stop imports of sub-standard chemicals in India, the Centre is working on bringing in standards for chemical products.
“The RP hereby invites all prospective investors, lenders and other interested parties who meet the qualification requirements available on the website of the corporate debtor, to put forward resolution plans,” it said.
“The Nexon is the result of our intent to breakaway from the conventional approach of segmentation,” Guenter Butchek, chief executive officer and managing director, Tata Motors, said.
The court pulled up the Central Pollution Control Board for failing to comply with its order to study and prepare a report on the harmful effects of materials used in the making of fireworks.
The Unified Payments Interface channel rises 45% month-on-month
Dharmendra Pradhan was elevated as Cabinet Minister for Petroleum and Natural Gas in the reshuffle carried out by Prime Minister Narendra Modi on Sunday.
The last date for filing GST returns for July was August 25 for taxpayers who did not want to claim transitional input tax credit, while it was August 28 for those who wanted to avail transitional credit.
Automobile manufacturers led by Maruti Suzuki posted good passenger vehicles (PV) sales growth in August riding on strong consumer sentiment ahead of the festive season.
Limits imposed to prevent artificial hoarding by mills during the festive season
In June, the RBI had identified a dozen companies from which banks will try and recover their dues. It had asked banks to refer the 12 large stressed accounts — with dues to banks of close to Rs 2.4 lakh crore — to the NCLT.
A total of 5.8 lakh shares were traded on the two main exchanges — Bombay Stock Exchange and National Stock Exchange — and the volume was 1.18 times higher than average daily volumes in six months.
The Sensex had gained 491.97 points in the previous four sessions. The risk appetite was hit so bad that the wider NSE Nifty settled lower by 116.75 points — 1.18 per cent — its biggest single-day fall in over 9 months at 9,796.05.
‘Panaya investigation did not address allegations regarding governance deficits of the Board’
The $150 billion plus Indian IT industry faced with the prospect of a single digit growth rate in the range of 7-8 per cent for FY18.
Govt taking steps on HSBC list, Panama papers and ICIJ information: Arun Jaitley
Hardip Singh, executive director of Optiemus, told indianepress.com that the phone will be manufactured by his company in India. “That is what lets us bring the phone here at global prices, which has never happened before,” he said.
The second case related to a complaint regarding “huge cash withdrawals in certain accounts”.